AMC Entertainment stock closed down sharply Wednesday in the wake of comments from the CEO that the firm may be forced to sell more stock for less money if shareholders don’t approve measures that all...
Tag: AMC entertainment
Cineworld’s Share Price Leaps 23% On Vue Takeover Speculation
Photo by Matthew Horwood/Getty Images Getty Images Embattled cinema chain Cineworld has seen its share price rocket on Monday on reports of a possible takeover bid by industry rival Vue International....
The Meme Stock Frenzy Is Back. A Brokerage Chairman Says They’re ‘Horrendous.’
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Cineworld’s Share Price Tanks 23% As It Rubbishes AMC Talk
Photo by Matthew Horwood/Getty Images Getty Images Cineworld’s share price slumped before recoving ground on Tuesday as it quashed reports of talks with rival AMC Entertainment to sell some of its the...
When CEOs Take A Pay Cut, What Difference Does It Make?
When firms are in trouble, it’s not unusual for CEOs to cut their own salaries. As the pandemic wreaked havoc on the economy, many executives opted to receive smaller wages. Whether this helps the com...
Will Streaming Kill DVD And Movie Theaters?
Photo by Tom Cooper/Getty Images. Getty Images Movie theaters are struggling to reinvent themselves after COVID-19 got many people more comfortable streaming content at home. It takes a big film like ...
AMC Stock Is Out of Whack With APE Shares. Jim Chanos Is Taking Advantage.
Text size AMC’s market capitalization is higher than it was before the pandemic slammed the theater industry. Justin Sullivan/Getty Images Legendary stock bear Jim Chanos has an arbitrage idea f...
Cineworld Shares Plunge More Than 50% After Report Of Looming Bankruptcy, AMC Falls
Topline The world’s second largest movie theater chain and owner of Regal Cinemas, UK-based Cineworld Group, saw its stock plunge over 60% on Friday after The Wall Street Journal reported that the com...
GameStop Trading Halted, AMC Jumps
Topline Shares of two meme stocks surged higher on Thursday, boosted by retail investors despite the wider market selloff, as GameStop’s stock was halted several times for volatility after rising more...
DOJ Investigates Short-Sellers For Potential Trading Abuses Including ‘Spoofing’ And ‘Scalping’
Topline The U.S. Department of Justice is targeting dozens of prominent short-selling investment and research firms in a sweeping federal investigation that has gone on since last year, according to s...
GameStop And AMC – The Last Meme-Stocks Standing Are Ready For Final Collapse
February 2021 photo by: STRF/STAR MAX/IPx STRF/STAR MAX/IPx Last July, the meme-stock implosion had started, even as Barron’s and Fortune listed a combined ten issues as attractive buys (see “Th...
Meme Stocks Show Investors Ignore Fundamental Research
NEW YORK, NEW YORK – JANUARY 27: GameStop store signage is seen on January 27, 2021 in New York … [+] City. Stock shares of videogame retailer GameStop Corp has increased 700% in the past ...
AMC CEO Says He’s Done Selling Stock After Unloading Another $7 Million
Text size AMC CEO Adam Aron. Alberto E. Rodriguez/Getty Images for CinemaCon AMC Entertainment Chief Executive Adam Aron sold another $7.1 million shares of the movie theater giant this week, and said...
Bed Bath & Beyond Ponders Bankruptcy, Exciting the Meme Crowd
What were shareholders thinking? Shares of retailer Bed Bath & Beyond zoomed 179%, to $3.49 this past week, despite the retailer warning of a possible bankruptcy. One explanation: Meme stock mania...